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Apple Is Losing Over $1 Billion per Year on Streaming Service, Has 45 Million Apple TV+ Subscribers (Report)

Apple’s video streaming business is still firmly in the red, according to a new report. The Apple TV+ premium subscription service is losing more than $1 billion per year, according to an anonymously sourced report by The Information published Thursday. The tech giant is spending around $4.5 billion on content annually, down from $5 billion […]

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